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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (22664)8/11/1999 8:58:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
Like last year, they take out all the margin accounts then
when the dollar hit's it's low the big parlay players
cover their shorts.
IMO dip buyers don't have the money to cause the main turn.
There are two teams of shorters , and one team
( the mullets ) always tend to get short too late.
We don't get the running data on short sales but most all
of the broker/dealers have that at their finger tips.
Jim